Rio Vista Homes in East Ft. Lauderdale

Rio Vista Real Estate Market Report

 

 

During the 2nd and 3rd Quarters of 2012, 31 properties were purchased in the Ft. Lauderdale Communities of Rio Vista and Rio Vista Isles.  The purchase price range of the properties sold was $250,000 – $3,250,000.

  • 6 of the properties that were purchased are Waterfront and were purchased with prices ranging from $773,500 – $3,250,000, with an average purchase price of $1,845,583.

  • 25 of the properties that were purchased are non-Waterfront and were purchased with price ranging from $250,000 – $1,300,000, with an average purchase price of $682,400.

  • 2 of the properties were purchased as Bank Owned Foreclosures and 3 of the properties were purchased as Short Sales.

Rio Vista Homes for Sale

 

Of over 1,000 Homes in the Community of Rio Vista, only 34 are currently listed for sale, so Inventory is low. The price range of the properties for sale is $318,000 – $32,000,000.  Of the 34 properties, 19 are Waterfront and their price range is $695,000 – $32,000,000.

Of the 34 listings of properties for Sale, none are listed as Short Sales or Bank Owned Foreclosures, which is typical of minimal distressed inventory in our Luxury Communities.

Homes in Rio Vista are of varying Architectural styles (Contemporary, Mediterranean, Ranch, Colonial, etc.) and include Historic Homes, Homes that are of new Construction, Luxury Homes/Estates, Waterfront Homes, and non-Waterfront Homes.

Rio Vista is a desirable location for Residents who enjoy close proximity to the downtown/Las Olas area of Ft. Lauderdale, the Beach, and Ocean Access Waterfront Homes without Fixed Bridges.

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